Own in the heart of downtown Vancouver at Anchor Point II! This bright and well-designed junior one-bedroom/studio offers 462 sq. ft. of efficient, open-concept living with excellent natural light and a private balcony. The solid concrete building features a rooftop deck, landscaped courtyard, and great resident amenities. Enjoy an unbeatable location just steps to Yaletown, the Seawall, beaches, dining, shopping, and transit. Exceptional value for first-time buyers or investors with strong rental appeal. Ready for immediate possession—your opportunity to enter the Vancouver market awaits!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Refrigerator, Range Top |
| Interior Features | Elevator, Storage |
| Heating Type | Baseboard, Hot Water |
| Laundry | Common Area |
| # of Kitchens | 1 |
| Flooring | Mixed, Carpet |
| Foundation | Concrete Perimeter |
| Exterior Features | Garden, Balcony |
|---|---|
| Roof | Other |
| Structures | Multi Family, Residential Attached |
| Price | $349,000 |
|---|---|
| Total Bedrooms | 0 |
| Total Bathrooms | 1 |
| Full Bathrooms | 1 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 462 |
| Year Built | 1977 |
| Age Of Building | 49 |
| Building Type | Apartment/Condo |
| Property Type | Residential |
| Stories | 1 |
| Building Amenities | Clubhouse, Maintenance Grounds, Heat |
| Building Name | Anchor Point 11 |
| Ownership Type | Freehold Strata |
| Maintenance Fee | $392.76 |
| Amenities Nearby | Clubhouse, Maintenance Grounds, Heat |
| Utility Type | Electricity Connected |
| Utility Sewer | Public Sewer |
| Water (WaterSource) | Public |
| Parking Type | Underground, Lane Access |
| Strata Restrictions | Rentals Allwd w/Restrctns |
| Rental Restrictions | 100 |
| Rental Suites | None |
| MLS® # | R3105423 |
|---|---|
| Area | Vancouver West |
| Neighbourhood | Downtown VW |
| City | Vancouver |
| Postal Code | V6Z 2B9 |
| Gross Taxes | $1,301.25 |
| Zoning | DD |
| Status | Date | Price |
|---|---|---|
| R3105423 / Active | 03-30-2026 | $349,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Kitchen | 7'8 x 7'8 ft |
| Main Level | Living Room | 11'10 x 11'10 ft |
| Main Level | Dining Room | 7'7 x 7'7 ft |
| Main Level | Flex Room | 8'11 x 8'11 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | Yes | #4 |
Listed by: RE/MAX Real Estate Services
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Schools Near 505 950 Drake Street | |||||
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $343,000 | $63,700 | $406,700 |
-2.5%
|
| 2025 | $352,000 | $65,300 | $417,300 |
-4.1%
|
| 2024 | $367,000 | $68,200 | $435,200 |
-4.4%
|
| 2023 | $384,000 | $71,400 | $455,400 |
+1.9%
|
| 2022 | $365,000 | $81,700 | $446,700 | — |
Based on 2 comparable active apartments/condos in Downtown VW, the average asking price is $374,000. This listing is priced 6.7% below the neighbourhood average. This property is flagged as a Hot Deal (5.2% price reduction) based on its competitive pricing and market demand.
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